Jana Finance Bank (For easiest Rupay Select DC)

[Vasuki]

Here is my experience of opening Jana finance ( video kyc - variant account)

590 joining fees ,+ 590 annual fees in first year
Yes account variant name is - video kyc ( don't open other account type like sa+fd or digi account)

STEPS :-
1 - OPEN JANA FINANCE BANK WEBSITE WEBSITE LINK
2 - TOP LEFT MENU
NOW SELECT -
INDIVIDUAL
SAVINGS accounts
video kyc (4th In list ) 2500 mab or 25k fd
Start now

3 - FILL YOUR DETAILS
IMPORTANT INFO HERE WHILE FILLING FORM
IF you address doesn't have Jana finance bank branch your application won't go through.
What's the remedy - CHECK BRANCHES FROM here. :- BRANCH LOCATOR

Give new address as communication address ( no verification doc asked as u know ) but maybe during kyc u might have hiccups if you aren't calling from current address)

Solution is use - only for TF ace and above dm me


Now coming to Vkyc experience:-
( If u don't get agent keep trying u will get or schedule even then u might not find agent then just keep trying eventually u will get within a hour of try )

- they will ask you
Name
DoB
Father's name
Email id
Complete address ( communication) with pincode
Tell u read code from screen
Picture & Signature

They might ask where u calling from

After this - they will inform you to fund 2500 or fund 25k & get rupay platinum dc for free FY.
But Tell them u are interested in Rupay select Dc & will get it by calling customer care.
They will agree .
Then they will inform about intrest rate fd rd . which you listen & nod .


AFTER KYC :- ONE HOUR INTO KYC I GOT CRN number
Logged into app with CRN number.
Called customer care ( it's straight forward call like idfc ivr directly connected to agent )
They will verify your details like name ,dob ,mother name , email
And tell them u want Rupay select dc .they will say 590 + gst agree and u will recieve a sms for request number.
While on call

You will get dc + dc pin ( 2 parcel via courier)
+ Maybe a welcome kit too

In same evening got call for applying dc & cheque.
Since I had cheque book.
I applied for just cheque book (25p ) free.
For passbook - was told to contact bank



Dc picture :--

Schedule of charge pdf is attached.


caution - plz don't fund account before atm card delivery


People who have doubt on bank performance
Check this article -

https://www.moneycontrol.com/news/business/earnings/jana-small-finance-bank-q4-net-profit-jumps-to-rs-321-crore-asset-quality-healthy-12710702.html

:- if you have query ask

 

[Gabbar.Singh]

But they can downgrade right..?

Bank's reply is below.
The account will not be downgraded under any circumstances. Although customers will have 365 days to fund it again, it will not be mandatory to do so.

 

[theflash]

Bank's reply is below.
The account will not be downgraded under any circumstances. Although customers will have 365 days to fund it again, it will not be mandatory to do so.

And if not funded in 365 days then it'll be downgraded or closed?

 

[theflash]

Bank's reply is below.
The account will not be downgraded under any circumstances. Although customers will have 365 days to fund it again, it will not be mandatory to do so.

This is for exclusive account only or Premier too.

 

[cc_dc_explorer]

This is for exclusive account only or Premier too.

BOTH. Don’t worry. Go for it.

 

[Sahil_07]

Is online acc opening back for Jana Finance?

 

[Vasuki]

Is online acc opening back for Jana Finance?

Better open offline

 

[nik007rock]

ok here is my update , just now agent came home ,took signature me and my wife's (for exclusive joint acc, she being primary ),got fancy number mbl number + dob (can keep any 16 digit though , gave 3 lakh cheque initial deposit ,confirmed no charges even if amb not maintained he shown the schedule of charges pdf as well , will wait for acc open now

 

[tfbeginner210]

@nik007rock , @Gabbar.Singh , @cc_dc_explorer, @quino @Vasuki

The SOC mentions that the non-maintenance charges would be waived off only if, atleast, the necessary TRV (SA + FD + CA.. ) is maintained.

 

[quino]

@nik007rock , @Gabbar.Singh , @cc_dc_explorer, @quino @Vasuki

The SOC mentions that the non-maintenance charges would be waived off only if, atleast, the necessary TRV (SA + FD + CA.. ) is maintained.

View attachment 63411

this is a generic statement encompassing all acc variants. this is true with all banks.

anyways, even if they wanted to charge non-maintainance, it's officially 0 according to SoC. so, they can go ahead & charge me 0, im fine with it.

now, jana bank's Exclusive/Premier accounts are quite simple. more drama regarding the charges are unnecessary.

we already got official confirmation via email, that it won't be downgraded. so what more do we want?

 

[Gabbar.Singh]

@nik007rock , @Gabbar.Singh , @cc_dc_explorer, @quino @Vasuki

The SOC mentions that the non-maintenance charges would be waived off only if, atleast, the necessary TRV (SA + FD + CA.. ) is maintained.

View attachment 63411

Correct. As the things stand now, the non-maintenance charge is nil.

 

[theflash]

Okay so got a call from head office Bangalore as they say...
The executive was from exclusive product team connected me to the branch manager and said ill have to maintain 3L in all accounts that I open then I asked what is the use of Family grouping they replied FD/TRV can be counted under family banking. I've asked for a confirmation once i get that if 3L is cumulative will open otherwise will re think what to do...

 

[theflash]

we already got official confirmation via email, that it won't be downgraded. so what more do we want?

Can you tell me who you emailed to get confirmation that the account won't be downgraded? If required, I'll send an email as well if I open an account.

 

[ritwik2000]

hi guys, today my account opening application for metro savings account was processed. got a welcome mail with the form attached. when shall I get the crn ? and how to get rupay select debit card

 

[Vasuki]

You will have to choose dc while applying for account

Yeh kaisa galat information hai

Online account me wo khud dc request nhi le rhe the for rupay select

Open account without choosing any dc
After account activation..call and apply rupay select dc

In canara bank u have option to choose directly

 

[ritwik2000]

hi guys, today my account opening application for metro savings account was processed. got a welcome mail with the form attached. when shall I get the crn ? and how to get rupay select debit card

Hi guys got the rsdc issued from customer care for the primary holder. Bin is 6525 20.

For the secondary holder cc told to contact the branch. The branch executive is clueless and saying metro savings holders will get rupay platinum and they are adamant about it.

What can I do in this case?

 

[shashank08]

Hi guys got the rsdc issued from customer care for the primary holder. Bin is 6525 20.

For the secondary holder cc told to contact the branch. The branch executive is clueless and saying metro savings holders will get rupay platinum and they are adamant about it.

What can I do in this case?

Do you have joint account?
Show him the T&C of jana rupay select DC and see what he says.

 

[ritwik2000]

Do you have joint account?
Show him the T&C of jana rupay select DC and see what he says.

Ok I will check with the branch then,

Yea I have a joint account.

 

[neel]

Could someone please summarise the last 42 pages. Also
A. The benefits renew/refresh every quarter?(Unlike bob which only once a year)
B. Also first year is effectuvely 1k + taxes?
C. Am i still to open vkyc account after 42 pagws of discussion. Pl kindly summarise. Thank you for the effort in advance

 

[shashank08]

Ok I will check with the branch then,

Yea I have a joint account.

Show him this:

https://www.janabank.com/images/PDF/SOC_RuPay_Select_Debit_Card.pdf

By the way do you have any family member who is senior citizen?

 

[shashank08]

Could someone please summarise the last 42 pages. Also
A. The benefits renew/refresh every quarter?(Unlike bob which only once a year)
B. Also first year is effectuvely 1k + taxes?
C. Am i still to open vkyc account after 42 pagws of discussion. Pl kindly summarise. Thank you for the effort in advance

AFAIK some benefits are refreshed every quarter and some are yearly refresh.

Yes 499 for joining and 499 for AMC and then 18% GST on top of that.

VKYC is discontinued. if you have any senior citizen member then my suggestion will be to open a legend savings account keeping senior citizen family member as primary applicant and yourself as joint account holder with senior citizen family member.
AMB requirement of Legend account is 25K but you can get 2 Select DC free without any charges or AMC and monthly interest credit.